Why is SATS called "Satoshi Coin"? SATS has these nicknames. It's a meme coin developed based on Bitcoin's Ordinals protocol. This protocol allows data to be engraved on Bitcoin's smallest unit, the "Satoshi," making it collectible and earning it the moniker of "NFT + meme coin in one." Its name derives from "satoshi," and its issuance is intended to commemorate Satoshi Nakamoto, earning it the nickname "Satoshi Nakamoto."